Vietnam Manufacturing PMI

The IHS Markit Vietnam Manufacturing PMI ticked up to 52.6 in July 2019 from 52.5 in the prior month. This was the highest PMI reading in seven months, as output grew for the third month running to the fastest since last November, and new orders advanced solidly. In addition, employment rose for the third time in four months, while input buying rose sharply, and at a broadly similar pace to the previous month. Meantime, export sales increased the least in 44 months, amid ongoing global trade dispute. On the price front, input cost inflation softened for the third successive month, with some panellists citing China as a source of falling prices. Also, selling prices were reduced for the eighth month running, though the rate of decline was only marginal. Finally, manufacturers remained upbeat, amid expectations of higher new orders over the next 12 months. Manufacturing PMI in Vietnam is reported by Markit Economics.

Manufacturing PMI in Vietnam is expected to be 51.20 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Vietnam to stand at 51.20 in 12 months time. In the long-term, the Vietnam Manufacturing PMI is projected to trend around 50.90 in 2020, according to our econometric models.

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Vietnam Business	Last	Previous	Highest	Lowest	Unit
Manufacturing PMI	52.60	52.50	56.50	43.60		[+]
Industrial Production	9.70	9.60	28.40	-10.10	percent	[+]
Manufacturing Production	10.40	10.60	26.30	-12.40	percent	[+]
Changes in Inventories	140219.87	130578.82	140219.87	530.00	VND Billion	[+]
Car Registrations	25828.00	26207.00	32511.00	2992.00		[+]
Internet Speed	9503.83	8250.20	9503.83	702.84	KBps	[+]
IP Addresses	8616202.00	8120243.00	8616202.00	739771.00	IP	[+]
Mining Production	4.40	4.00	14.80	-17.70	percent	[+]
Competitiveness Index	58.05	57.94	58.05	4.02	Points	[+]
Competitiveness Rank	77.00	74.00	77.00	56.00		[+]
Ease of Doing Business	69.00	68.00	99.00	68.00		[+]
Electricity Production	21100.00	20100.00	21100.00	671.00	Gigawatt-hour	[+]
Corruption Index	33.00	35.00	35.00	24.00	Points	[+]
Corruption Rank	117.00	107.00	123.00	43.00		[+]

The Nikkei Vietnam Manufacturing Purchasing Managers’ Index measures the performance of the manufacturing sector and is derived from a survey of 400 manufacturing companies. The Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Vietnam Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Vietnam Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on August of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	52.60	52.50	56.50	43.60	2012 - 2019		Monthly

Country	Last		Previous	Range
Australia	51.30	Jul/19	49.4	62.5 : 29.47
Brazil	49.90	Jul/19	51	53.5 : 41.6
Canada	50.20	Jul/19	49.2	57.1 : 47.5
China	49.90	Jul/19	49.4	52.3 : 47.2
Euro Area	46.50	Jul/19	47.6	60.6 : 33.5
France	49.70	Jul/19	51.9	58.8 : 42.7
Germany	43.20	Jul/19	45	63.3 : 32
India	52.50	Jul/19	52.1	55 : 47.9
Indonesia	49.60	Jul/19	50.6	58.5 : 46.4
Italy	48.50	Jul/19	48.4	59 : 47.4
Japan	49.40	Jul/19	49.3	56.2 : 29.6
Mexico	49.80	Jul/19	49.2	57.1 : 49.2
Netherlands	50.70	Jul/19	50.7	63.4 : 48
Russia	49.30	Jul/19	48.6	54.7 : 47.6
Saudi Arabia	56.60	Jul/19	57.4	61.8 : 51.4
Singapore	49.80	Jul/19	49.6	53.1 : 48.3
South Africa	52.10	Jul/19	46.2	60.87 : 35.09
South Korea	47.30	Jul/19	47.5	52.6 : 45.7
Spain	48.20	Jul/19	47.9	56.1 : 41.1
Switzerland	44.70	Jul/19	47.7	66.9 : 32.8
Turkey	46.70	Jul/19	47.9	55.7 : 42.7
United Kingdom	48.00	Jul/19	48	61.5 : 34.4
United States	50.40	Jul/19	50.6	57.9 : 50.4